TCW Transform 500 ETF (BATS:VOTE) Stock Price Down 2.1% – Here’s What Happened

TCW Transform 500 ETF (BATS:VOTE)’s share price was down 2.1% during trading on Wednesday . The stock traded as low as $79.5734 and last traded at $79.5822. Approximately 26,409 shares were traded during trading, The stock had previously closed at $81.3281.

TCW Transform 500 ETF Stock Up 1.2%

The business has a 50-day simple moving average of $80.18 and a two-hundred day simple moving average of $77.95. The stock has a market capitalization of $903.32 million, a P/E ratio of 25.32 and a beta of 1.02.

TCW Transform 500 ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Monday, December 22nd were issued a $0.209 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $0.84 annualized dividend and a dividend yield of 1.0%.

Hedge Funds Weigh In On TCW Transform 500 ETF

Several institutional investors have recently added to or reduced their stakes in VOTE. Rainier Family Wealth Inc. grew its stake in TCW Transform 500 ETF by 71.0% during the fourth quarter. Rainier Family Wealth Inc. now owns 5,302 shares of the company’s stock worth $425,000 after buying an additional 2,202 shares during the last quarter. Aspiriant LLC boosted its holdings in shares of TCW Transform 500 ETF by 23.9% in the 4th quarter. Aspiriant LLC now owns 130,776 shares of the company’s stock worth $10,491,000 after acquiring an additional 25,217 shares in the last quarter. Moneta Group Investment Advisors LLC grew its position in TCW Transform 500 ETF by 146.2% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 33,751 shares of the company’s stock worth $2,649,000 after acquiring an additional 20,041 shares during the last quarter. Bank of America Corp DE increased its holdings in TCW Transform 500 ETF by 0.4% during the 3rd quarter. Bank of America Corp DE now owns 167,861 shares of the company’s stock valued at $13,174,000 after purchasing an additional 649 shares in the last quarter. Finally, Plum Street Advisors LLC increased its holdings in TCW Transform 500 ETF by 2.3% during the 3rd quarter. Plum Street Advisors LLC now owns 25,406 shares of the company’s stock valued at $1,994,000 after purchasing an additional 564 shares in the last quarter.

About TCW Transform 500 ETF

The Engine No. 1 Transform 500 ETF (VOTE) is an exchange-traded fund that is based on the Morningstar US Large Cap Select index. The ETF currently has 410.2m in AUM and 505 holdings. VOTE tracks a market-cap-weighted index consisting of large-cap US stocks VOTE was launched on Jun 22, 2021 and is managed by Engine No. 1.